BSETilak Ventures LtdHighNeutral
Announced Fri, 16 Jan · 14:58 IST

The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prismx Global Ventures Ltd

Ownership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prismx Global Ventures Ltd, which is NOT part of the promoter or promoter group, has disclosed acquisition of shares in Tilak Ventures Ltd through a Rights Issue. Before the acquisition, Prismx held 1,90,93,068 shares (1.43%), and it acquired an additional 17,00,00,000 shares (12.71%) on January 13, 2026. After the acquisition, its total holding stands at 18,90,93,068 shares, equivalent to 14.14% of Tilak Ventures. The Rights Issue itself tripled Tilak Ventures' equity share capital from about 44.57 crore shares to 133.71 crore shares of Re. 1 each.

Likely market impact

This is a non-promoter entity significantly increasing its stake via the company's own Rights Issue, raising its holding past the 10% disclosure threshold. While not a promoter-driven change of control, existing shareholders should note that a single non-promoter investor now holds a sizeable 14% stake, which could influence future shareholding dynamics and voting power.